The power rests in the states.
The correct answer for above statement is:
<h3>It offers banks financial protection to keep consumers from panicking.</h3><h3>Explanation:</h3>
A lender of last resort is the organization in a business system that serves as the provider of liquidity to a business company which finds itself incapable to achieve enough liquidity in the interbank lending market and other facilities or sources have been consumed.
the hermitage was the name of it